7/102 sources · 2 publishersUpdated Nov 5, 22:17 UTC
Yelp posts Q3 EPS beat but lowers full‑year revenue outlook
Yelp reported third‑quarter 2026 GAAP earnings per share of $0.63, surpassing analyst estimates. Revenue was $371 million, a 1.3% year‑over‑year decline but slightly above consensus. The company revised its full‑year 2026 net revenue guidance to a range of $1.455 billion‑$1.460 billion, below the $1.47 billion consensus. Shares slipped 3.22% in after‑hours trading.
Why it matters
The lower full‑year revenue outlook suggests weaker demand than expected, which pressured the stock price immediately after the release.
Key facts
- 1Q3 GAAP EPS was $0.63, beating estimates. seekingalpha.com
- 2Revenue for the quarter was $371 million. seekingalpha.com
- 3Revenue declined 1.3% year‑over‑year. seekingalpha.com
- 4Full‑year 2026 net revenue outlook was updated to $1.455 billion‑$1.460 billion. seekingalpha.com
- 5Adjusted EBITDA guidance was set at $320 million‑$325 million for 2026. seekingalpha.com
- 6Shares fell 3.22% in after‑hours trading. seekingalpha.com
Open questions
- Material 1 says EPS beat by $0.20, while material 2 says beat by $0.18.
Summary written by AlphAI AI Desk from 2 of 2 sources. Not investment advice. Figures are as stated by the linked sources.